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The trouble with Friedman
The Economist ^ | 8-7-2008

Posted on 08/10/2008 8:03:42 PM PDT by stan_sipple

At the University of Chicago no man looms larger than Milton Friedman, the Nobel laureate who led the “Chicago school” of economics and who died in 2006. When the university announced plans for a $200m economics institute in May, it seemed fitting that the centre should be named after him. But a small war broke out. On June 6th more than 100 faculty members wrote to the university’s president to protest against the institute. Armed with academia’s common weapons, indignation and verbosity, they said they were all “disturbed by the ideological and disciplinary preference implied by the university’s massive support for the economic and political doctrines that have extended from Friedman’s work”, and pleaded for time for discussion. The university has ploughed ahead. The institute was launched in July, though the search for a director continues. Many fear that the university will be seen as intellectually homogenous. Susan Gzesh, who leads its human-rights programme, says that Latin Americans “don’t associate human rights with the University of Chicago; they associate it with Milton Friedman and the Chicago boys.” The institute, she says, may reinforce a monolithic view of the university.

(Excerpt) Read more at economist.com ...


TOPICS: Business/Economy; Culture/Society; Philosophy; US: Illinois
KEYWORDS: academia; academicfraud; activists; chicago; freemarket; leftists; liberalism; liberals; miltonfriedman; professors; socialists; universityofchicago

1 posted on 08/10/2008 8:03:43 PM PDT by stan_sipple
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To: stan_sipple
Many fear that the university will be seen as intellectually homogenous.

You have got to be kidding me.

Where is the barf alert for this one?

2 posted on 08/10/2008 8:06:20 PM PDT by comebacknewt
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To: stan_sipple
Susan Gzesh, who leads its human-rights programme, says that Latin Americans “don’t associate human rights with the University of Chicago; they associate it with Milton Friedman and the Chicago boys.”

Makes sense. Dr. Friedman was a great defender of freedom.

Wonder what Susan Gzesh things about the portraits of Mao at the Olympic games.

3 posted on 08/10/2008 8:06:58 PM PDT by Tribune7 (How is inflicting pain and death on an innocent, helpless human being for profit, moral?)
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To: Toddsterpatriot; Mase; expat_panama

I don’t remember if this was the Economist article, or another (and I’m going to bed so I don’t care to check), but someone published the list of professors who signed the petition. It was long, and most notable for having very few economics professors included. I had a good chuckle over it.


4 posted on 08/10/2008 8:08:29 PM PDT by 1rudeboy
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To: 1rudeboy

I’ll bet there was heavy representation from Black Studies and Women’s Studies, and very few from the sciences or Engineering.


5 posted on 08/10/2008 8:15:32 PM PDT by expatpat
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To: stan_sipple

My view of the University of Chicago declined considerably when I learned it hands out six-figure patronage jobs to affirmative action hires.


6 posted on 08/10/2008 8:18:09 PM PDT by stan_sipple
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To: comebacknewt

sorry, this certainly deserved one. Stalinist university profs should be pretty familiar with intellectual monoliths.


7 posted on 08/10/2008 8:20:23 PM PDT by stan_sipple
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To: expatpat

You’re on the right track, but if I recall correctly, UoC is too “intelligent” to refer to them that way . . . it was more like “Associate Professor of Eastern Amphibian Social Sciences,” or some such nonsense.


8 posted on 08/10/2008 8:20:57 PM PDT by 1rudeboy
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To: expatpat

The University of Chicago does not have an engineering college or school. Such programs are considered too practical for most academics.


9 posted on 08/10/2008 8:23:01 PM PDT by Maine Mariner
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To: stan_sipple
To give UoC some credit, it wasn't an "affirmative action" hire . . . it rather was a "grease the wheel" hire.

"That's the Chicago way."

10 posted on 08/10/2008 8:24:59 PM PDT by 1rudeboy
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To: stan_sipple

“If you put the federal government in charge of the Sahara desert,” Friedman once said, “in five years there’d be a shortage of sand.”

Milton Friedman, the father of the all-volunteer army, was a great man. He deserves all the honors he gets, and more.


11 posted on 08/10/2008 8:51:36 PM PDT by devere
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To: comebacknewt

Leftist morons from subjects such as music and Latin American studies think they are fit to evaluate Friedman’s intellectual standing????

That’s one of the greatest problems of the post-modern university: every leftist douchebag thinks that their deep “study” (sic) of Gramschi and Foucault suddenly renders them fit to make judgments about every subject under the sun.

No one will imagine that U. of Chicago is “intellectually homogeneous” b/c it is well known that the university which had such greats as Milton Friedman and Friedrich Hayek has also employed such bozos as Barack Obama and Michelle Obama. SO, don’t worry, U. of Chicago leftists, no one will imagine that the influence of Friedman and Hayek has been pervasive or comprehensive at your sorry little university. It is well known that there are moronic leftists just about everywhere.......


12 posted on 08/10/2008 8:55:49 PM PDT by Enchante (If oil was botox then Nancy Pelosi would have us drilling everywhere!!! (hat tip, STARWISE))
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To: stan_sipple

Ping for my namesake! Nothing wrong with intellectual homogeneity in economics when you’re right!


13 posted on 08/10/2008 9:10:21 PM PDT by Uncle Miltie (Bernanke is a Monetary Slut!)
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To: Maine Mariner

They may not have an Engineering School, but they do have a strong Physics Department, especially in High Energy Physics.


14 posted on 08/10/2008 9:17:51 PM PDT by expatpat
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To: stan_sipple

Re “The Trouble With Friedman”.

Hey, if I have caused the liberals and the Left and the Communists any “trouble.”

GOOD! Then I’m doing something right!

I’m Max Friedman, and I approve this message.
(Milton was not my uncle, unfortunately)
(However, I’m thankfully not related to Tom Friedman of the NY Times).


15 posted on 08/10/2008 10:09:12 PM PDT by MadMax, the Grinning Reaper
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To: abb
On June 6th more than 100 faculty members wrote to the university's president to protest against the institute.

Soulmates of the Duke 88.

16 posted on 08/10/2008 10:21:51 PM PDT by Ken H
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To: BartMan1; Nailbiter

ping


17 posted on 08/10/2008 10:39:39 PM PDT by IncPen (We are but a moment's sunlight, fading in the grass ...)
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To: Ken H

the commies at Stanford have been fighting the Hoover Institute for years too.


18 posted on 08/11/2008 6:04:41 AM PDT by stan_sipple
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